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My Top Cybersecurity Pick Has a Huge Market to Capture, According to This Chart


Computers, phones, and the internet connect nearly everyone. Unfortunately, some dangerous people with ill intentions are among the users. That means the service that provides you videos, social interaction, and stock investment advice can also be hazardous. To protect from dangerous cyber threats, consumers and businesses alike turn to different forms of cybersecurity software.

These precautions are necessary, as the results of an intrusion can be catastrophic. For consumers, cybercriminals can steal credit card data or compromise personal information like date of birth or Social Security number. On the business side, IBM found the average cost of a data breach for a company was $4.24 million in 2021, up 10% from 2020.

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Source Fool.com

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